Seller's Agent Asking for Appraisal Report
Hi everyone, I'm under contract to buy a property that appraised higher than the purchase price. The seller's agent has asked several times now for the appraisal report even though I told him the property appraised. The house has foundation issues so I'm planning to renegotiate once the estimate for repair comes in. I'm worried that disclosing the extra equity will make the seller less willing to negotiate on the foundation repairs. Should I send him the report or politely decline? Any advice would be greatly appreciated!
Most Popular Reply
I would never disclose any appraisal information to the seller. The Buyer pays for it and it's a disadvantage for the buyer to disclose anything good or bad about the appraisal. My answer is always the same: sorry you know I can't disclose that information.